US Giant Asset Manager’s Cryptocurrency Portfolio Dissolves 60 Percent in Bear Market

Asset management firm WisdomTree, one of the largest U.S. ETF issuers, reported in its fourth-quarter report that the value of crypto assets has dropped more than 60% in the past 12 months.

WisdomTree released its financial report for the fourth quarter of 2022 on its official website on February 3. In the report, the company’s fourth quarter 28 million over the dollar net loss last seen while 12 value of assets per month over 60% drop It was one of the most striking details.

The company reported the approximate value in the same quarter of last year. 357 million dollar crypto assets in the fourth quarter of this year 136 million to dollar level that you regress reported. The company’s operating profit 79.2 million from dollars 73 million While it is stated that it has fallen to dollars, its loss is 11.2 million from dollars 28.3 million rose to dollars.

On the other hand, in the fourth quarter 5.3 billion While the dollar net entry is included in the report, these entries are fixed income, USA stock And commodity It was also reported that it was due to the entry into products with ingredients.

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